Senate Hears Stark Warning: Social Security Faces Insolvency by 2032

Social Security insolvency: How a 'six figure cap' to flatten benefits for the ultra-wealthy could buy the program 7 critical years

Amid the increasingly damning reports on the rising threat of America’s runaway deficits and debt, the looming disaster that could upend the lifestyle for tens of millions of elderly Americans is getting scant attention. In less than seven years, the Social Security Retirement Trust Fund will go broke, and under federal law, its insolvency will automatically trigger gigantic reductions in benefits. According to estimates from the non-partisan Co…

A Six Figure Limit for Social Security | Committee for a Responsible Federal Budget

A Six Figure Limit for Social Security 2026-03-24 Social Security is less than

Senate Budget Committee Examines Social Security Solvency

The Senate Budget Committee holds a hearing on possible solutions to prevent Social Security insolvency, which faces major funding challenges around the years 2032-33.

Wendell Primus' testimony on Social Security

Six years away from Social Security’s insolvency and lawmakers still can’t agree on how to fix it

In a hearing, senators exchange barbs and ideas — but no solutions — on how to avoid insolvency in 2032

Senators weighing options for future of Social Security

According to the Congressional Budget Office, the trust fund that pays benefits to retired Americans could run out of money by 2032.